Ultimate Price Action
- Indicators
-
Indra Lukmana
https://www.mql5.com/en/users/indral8/seller#products
Contact me on whatshapp 6281911993088, Telegram @inLuk - Version: 1.10
- Updated: 2 October 2018
- Activations: 10
Ultimate solution on price action trade system Built Inside One Tool!
Our smart algorithm tool will detect the price action pattern and alert upon potential with entry signals and exit levels including stoploss and takeprofit levels based on the time setting on each market session.
This tool will also filters out market currency strength to ensure our entry are in a good currency conditions based on it's trend.
Benefit You Get
- Easy, visual and effective price action detection.
- Gives you the ability to filter and further improve your trading skills.
- Enhanced statistics calculation following the entry point, take profit and exit signal.
- Never repaints, never backpaints, never recalculates.
- Signals strictly on the "Close of the bar".
- Works in all symbols and all timeframes.
- Integrated pop-up, push notification and sound alerts.
- Auto currency suffix detection.
How To Trade
No complicated rules, Just follow 3 simple steps!
Step 1: Trade Setup
- The signal will only appears within the time range that you set on the indicator settings.
- Enter a signal if the CSM (currency strength meter) differences point value is higher than 15 points in one currency to another currency.
- Set the pending limit order on the Entry level 1,2,3 or directly entry upon signal.
- Set the stoploss based on fibo level of stoploss
- Set the Take profit on TP1, TP2, TP3.
Cancellation of Pending limit order
- When the price hit the TP2 level you should cut off the pending orders
Enhanced Statistics Calculation
Exit condition
- TP Hit - When a signal reaches at least TP1, recomended on TP2.
- EXIT Win/Loss - When the time has reach to the end time (red arrow up below the chart)
Loss Condition
- Don't worry on any loss, there are more potential trade in future.
Parameters
- Minimal engulf in Pip - The minimum price action candle of engulf in pip
- Max Bar to detect - maximum drawing to the left
- Asia Trade Time - set the Asia trade time based on your local computer time.
- London Trade Time - set the London trade time based on your local computer time.
- USA Trade Time - set the USA trade time based on your local computer time.
- Active on Asia Market - set the pair to active on Asia market (without suffix).
- Active on London Market - set the pair to active on London market (without suffix).
- Active on USA Market - set the pair to active on USA market (without suffix).
- EAI candle - color of price action candle
- Bull Text - csm text for bull condition
- Bear Text - csm bear text color
- Bull bar - csm bull bar condition
- Bear bar - csm bear bar condition.
